Popular African-American singer turned beauty and fashion mogul, Rihana, has now officially attained the billionaire status as announced by Forbes on Wednesday 4th August, 2021. ayokinews.com reports
Rihana 33, now has an estimated net worth of $1.7 billion dollars, making her the richest female musician in the world as she not only deals in music but also in the fashion and beauty business.
The 33 years old singer entered the fashion and beauty business four (4) years ago, a move which skyrocketed her net worth to the billionaire status. She has a 50% stake in her beauty line named ‘Fenty Beauty‘ and also a huge stake in lingerie brand ‘Savage X Fenty’.
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Rihana’s stake in the cosmetics and fashion industry is reportedly valued at $1.4 billion dollar while her stake in the lingerie brand ‘Savage X Fenty‘ is valued at an estimated $270 million dollar, making her the richest female musician in the world.
https://edition.cnn.com/2021/08/04/sport/olympian-raven-saunders-protest-action-suspended/index.html
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